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Japan's Nikkei index surged more than 5% to a record intraday high above 69,000 points on Monday, driven by a US-Iran memorandum to end the war. The rally reflected a sharp improvement in investor sentiment as geopolitical tensions in the Middle East showed signs of easing.
Iranian Foreign Minister Abbas Araghchi stated that national unity is crucial for the success of the country's diplomatic efforts. He stressed that unity among all segments of society ensures a strong foundation for Iran to tackle international challenges and expand foreign relations.
Hezbollah’s top commander has insisted that Lebanon and the group will not be defeated, vowing resilience amid regional tensions. The defiant message aims to rally supporters and challenge adversaries, underscoring Hezbollah’s uncompromising position as Lebanon grapples with crises.
Iranian Foreign Ministry spokesman Nasser Kanaani condemned US attacks on an Indian oil tanker in international waters as 'piracy' and a violation of international law. US Central Command defended the actions as legal measures to prevent Iranian oil smuggling.
Three Indian sailors were killed in US attacks on three commercial vessels in the Strait of Hormuz this week, escalating tensions between Washington and New Delhi. The attacks, part of a US naval blockade on Iran, have raised legal questions and prompted India to summon a senior US diplomat. At least seven Indian sailors have died in the conflict so far, and union leaders say Indian seafarers feel increasingly targeted.
China has barred Philippine Defense Minister Gilberto Teodoro and his family from entering the country, accusing him of harming bilateral relations over South China Sea remarks. The ban extends to Hong Kong and Macau and prohibits any transactions with him.
Japan plans to keep crude oil imports in July at last year's levels, sources said Thursday, by boosting purchases from non-Middle East suppliers like the US as the Strait of Hormuz faces near-blockade due to geopolitical tensions.
Chinese President Xi Jinping condemned efforts to 'revive militarism' and 'hegemonism and power politics' during his North Korea visit, according to state media. Analysts believe the remarks were directed at Japan and the United States.
Iran has declared its scientific and defense progress will continue despite international pressure. A senior official stressed investments in research, defense technology, and key projects in space, missiles, and nuclear energy. The statement follows Western calls to halt certain activities, which Tehran insists are peaceful and defensive.
